Sector
in sentence
4741 examples of Sector in a sentence
Growth returned, and confidence among foreign investors was such that large inflows of foreign direct investment, especially in the banking sector, arrived.
Finally, low borrowing costs for governments do not automatically reduce the cost of capital for the private
sector.
There, the private
sector
has essentially been left to fend for itself; and most households and companies are struggling, thus fueling continued economic implosion.
Bringing the world’s two billion unbanked people out of the shadows and into the mainstream financial system will require new partnerships among regulators, the private sector, non-profits, regional bodies, and international organizations.
We can, however, be less certain about the shadow banking sector, almost by definition.
It is composed of highly profitable multinational companies, now investing and hiring workers; advanced economies’ rescued banks paying off their emergency bailout loans; the growing middle and upper classes in emerging economies buying more goods and services; a healthier private
sector
paying more taxes, thereby alleviating pressure on government budgets; and Germany, Europe’s economic power, reaping the fruit of years of economic restructuring.
Moreover, other support networks – including income opportunities in tourism, the informal sector, and charitable and family support – are crumbling under the pressure of growing poverty.
Increased borrowing by the federal government also means crowding out the private
sector.
Even startups that make some initial headway struggle to scale up in the B2B
sector.
Agronomical research and technical innovations are crucial to maximizing water efficiency in this sector, and they must be taken much further.
The government, of course, is the consummate service-intensive
sector.
Today, the service sector, including the government, accounts for more than 70% of national income in most advanced economies.
In the US, for example, the manufacturing
sector
employs less than 10% of all workers.
Admittedly, the problem is worse in the government sector, where productivity growth is much slower even than in other service industries.
The crisis of confidence in the EU banking
sector
that erupted in 2010 has not yet been resolved.
But South Korea does not have a well-developed service
sector
to provide a new source of high-paying jobs.
South Korea badly needs measures to relieve the stresses on middle-income finances and a new growth formula based on a globally competitive service
sector
and entrepreneurial small and medium-size (SME) businesses that create well-paying jobs.
Fostering a more dynamic, innovative SME
sector
that will produce tomorrow’s globally competitive large companies requires removing disincentives to growth, such as the inheritance-tax exemption for family-owned businesses, which rewards owners for keeping their businesses small.
Value-subtracting heavy industries shrunk, services expanded to over 50% of GDP, and the private
sector
produces almost 60% of Russian output.
The importance of this is highlighted by the fact that the private
sector
contributes more than 60% of China’s GDP, 50% of its taxes, 70% of its technological and product innovations, and 80% of its jobs, despite accounting for less than 40% of inputs.
The collapse of asset bubbles in the 1990’s left Japan’s financial system and private
sector
saddled with a huge debt overhang.
Indeed, the impact of real exchange-rate depreciation on growth is likely to be short-lived unless increased corporate profits in the export
sector
lead to higher household consumption and investment.
Leaders in the information technology sector, especially in Europe, have been warning of the abuses by Facebook (and other portals) for years.
In the telecommunications sector, there are now a half-dozen emerging-market multinationals in the global top ten.
And yet, given that the non-tradable
sector
is constrained by its reliance on domestic demand, recovery – if it comes – will depend on the tradable sector’s growth potential.
To realize that potential, the tradable
sector
has to re-expand at the margin: as a weakening currency causes imports to fall and real unit labor costs decline as nominal wages flatten out, unemployed labor and capital flow toward external markets for goods, services, and resources.
This is already happening in the United States, where exports are above their previous peak while imports remain subdued; the current-account deficit is declining; and even net employment in the tradable
sector
is increasing (for the first time in two decades).
The US economy is relatively flexible, and this kind of structural adjustment in the private
sector
occurs reasonably quickly.
One reason the US recovery is only partial is fiscal drag, a lingering effect of the post-2008 downturn, which shifted some leverage to the public sector, resulting in a growing debt burden that has been addressed – controversially so – by immediate austerity.
With domestic demand in short supply, this slow road essentially postpones or impedes growth via expansion of the tradable
sector.
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